BTC - It is a Matter Of Time ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC has been overall bullish from a long-term perspective trading inside the rising channel in black.
BTC is currently in a correction phase as we had a break below the last major low in gray.
📉 If we compare the current gray low to the previous one, we know that the correction might only last for a couple of candles before the bulls take over again to start the next impulse movement.
🏹 The bulls would take over from a short-term perspective by breaking back above the gray low, and then remain in control for a bigger bullish movement after breaking the last major high marked in blue.
For now, we wait ⏱
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Blockchain
ETH - Still Stuck 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), ETH rejected the lower bound of the flat rising broadening wedge and traded higher to reject the upper bound again.
🏹 As per my trading style , we will be trading the range UNLESS it is broken upward or downward.
📈 As ETH approaches the blue support again , we will be looking for short-term buy setups.
For the bulls to take over medium-term, we need a break above the red zone.
📉 In parallel , if as ETH approaches the red resistance, we will be looking for short-term sell setups.
And if ETH breaks below the blue zone, we will be expecting further bearish movement till the 1700 daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SUIUSDTcharts are very simple without heavy dumb market cannot go to upside i will buy in 2 parts you can see on the charts when fear in market keep start buying when greed in market take profits this is the simple rule of crypto market just i thing is worried and that is bitcoin if bitcoin fail in june bottom will around 10 to 12k do not invest more than you cannot afford to lose
ETH - Make or Break Zone 💣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), ETH rejected the upper bound of the flat rising broadening wedge in orange and traded lower.
Now ETH is sitting around the lower bound / orange trendline.
Moreover, the blue zone is a strong support.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.
As per my trading style:
As ETH is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Meanwhile, ETH can still dive inside the support zone again or break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Critical Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XRP has been stuck inside a big range between our 0.3 support and 0.6 resistance.
📈 For the bulls to take over from a MACRO perspective , we need a weekly candle close above 0.6
In this case, a movement till the 1.0 resistance would be expected.
📉 Meanwhile , 0.6 zone is acting as a resistance, hence if we break below 0.5 , we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Short-Term and Long-Term View ⛳️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
As mentioned previously, BTC has been trading inside the orange channel as a correction phase inside the black rising wedge pattern.
Hence, As / If BTC approaches the green demand zone, we will be looking for short-term trend-following buy setups.
🏹 For the bulls to take over long-term, we need a break above the current major high in orange.
on H1: Right Chart
From a short-term perspective, BTC has been stuck inside a range in the shape of an inverse head and shoulders.
🏹 For the bulls to take over short-term, we need a beak above the blue neckline. In this case, a movement till the upper orange trendline from daily would be expected.
📉 Meanwhile, if BTC breaks below the last low in red, we will expect further bearish movement.
For now, we wait ⏱
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The Quant Monster :) Quant Network GPW:QNT
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Many have said it's a 4 digit coin (left side of the decimal) and I have a good feeling their right and come next bull run it'll more than likely do very well. What I have noticed is it doesn't like to move much unless Bitcoin is moving sure many are the same of course but some are even more so and QNT seems to be that case so, lets see if Bitcoin can get to moving :)
Daily chart MACD impulse line has crossed the signal line (highlighted below) along with trading above the MA. Just could use more volume to kick things off perhaps :) will see soon enough some have priced next gains between 240 - 320 not bad at all perhaps it'll happen today but time will tell soon enough.
Is the Crypto total looking to complete the 5th wave?Could we see another leg up for wave 5 completion before the ABC correction?
"
Yes it's possible, the market cap could make it's local blow off top and get a re rejection off the 200 3day MA. The mechanicals are lining up for a "possible" move. We wait for the confirmation as there is non yet. The RSI would have to get above it's mid ranging uptrend line with a possible short term break above the top, and the Stochastics would have to make a strong move up. The first glimmer is the Stochastics and there is no confirmation yet.
The Sentiment Oscillator is showing clear bear divergence but it doesn't mean that the final wave isn't possible.
So far this is a text book Elliot wave pattern. It even has a deep wave 2 correction which then usually means a shallower wave 4 correction into the blow off wave 5, and then the eventual A,B,C correction.
We wait and see... signals need to confirm.
Thanks
WeAreSat0shi
ETH - Critical Resistance Ahead 🗝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been slight bullish for the last couple of weeks trading inside the orange flat rising broadening wedge pattern.
📈 Lately, ETH rejected the upper bound of the wedge pattern and now retesting it again.
For the bulls to take over again medium-term , we need a break above the red resistance.
📉 Meanwhile , If / As ETH approaches the lower bound of the wedge pattern and blue support, we will be looking for buy setups.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 2, 2023Technical Analysis and Outlook:
In this week's session, the coin has achieved the projected prices of Mean Res $27,500 and Mean Res $28,750 as outlined in the Daily Chart Analysis for the Week of May 26. Based on the current price action, the coin will likely test the Inner Coin Dip of $25,800 and potentially make a significant drop to the Outer Coin Dip of $23,950. The upside potential will address the Mean Res $28,250 as a ''Do That To Me One More Time''.
FUTURE ICP X1000The Internet Computer (ICP) is an ambitious project aiming to revolutionize the way we think about decentralized computing. It envisions a future where the internet itself becomes a powerful and scalable computer, enabling a wide range of decentralized applications and services.
One of the key advantages of the Internet Computer is its ability to provide a secure and tamper-proof environment for running applications. By leveraging blockchain technology, the ICP creates a trustless and transparent platform that can execute smart contracts and host decentralized applications with the utmost integrity. This decentralized nature eliminates the need for intermediaries, reducing costs and enhancing security.
Scalability is another crucial aspect of the Internet Computer. Traditional blockchain platforms often struggle with scalability limitations, leading to congestion and high transaction fees. However, the ICP aims to overcome these challenges by utilizing a unique protocol called Chain Key Technology, which allows for horizontal scalability. This means that as the network grows, its capacity to handle more users and transactions expands, ensuring a smooth and efficient user experience.
Moreover, the Internet Computer promotes interoperability among different systems and protocols. It aims to create a unified internet ecosystem where various applications and services can seamlessly interact and share data. This interoperability opens up new possibilities for collaboration, innovation, and the creation of decentralized applications that can leverage the strengths of multiple platforms.
Additionally, the Internet Computer empowers developers by providing a rich set of tools and resources to build and deploy decentralized applications. Its developer-friendly environment supports multiple programming languages, making it accessible to a wide range of developers with different skill sets. This inclusivity encourages creativity and diversity in the development community, leading to a vibrant ecosystem of decentralized applications.
As the Internet Computer continues to evolve, it has the potential to disrupt various industries, such as finance, governance, supply chain, and more. It offers the promise of a decentralized internet that is resilient, transparent, and accessible to all. With its scalability, interoperability, and developer-friendly approach, the Internet Computer is poised to shape the future of decentralized computing.
In conclusion, the Internet Computer (ICP) holds great promise as a transformative technology in the realm of decentralized computing. Its focus on security, scalability, interoperability, and developer empowerment positions it as a significant player in the evolving landscape of blockchain-based platforms. As the Internet Computer continues to mature and gain adoption, we can anticipate exciting developments and innovative applications that harness the full potential of decentralized computing.
DOGE - Critical Zone / Time ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been stuck inside a range around the 0.065 support zone in green.
📈 For the bulls to take over, we need a daily candle close above the last major high in orange.
📉 Meanwhile , as we approach the green support again, we will be looking for short-term buy setups again.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Rejection Zones Ahead 🔃Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been slight bullish for the last couple of weeks trading inside the orange flat rising broadening wedge pattern.
📈 Lately, ETH rejected the upper bound of the wedge pattern and now trading lower as a correction phase.
For the bulls to take over again medium-term, we need a break above the red resistance.
📉 Meanwhile , If / As ETH approaches the lower bound of the wedge pattern and blue support, we will be looking for buy setups.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - The Road Not Taken 🛣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last BTC analysis (attached on the chart), we were expecting a short-term bullish movement till the upper orange trendline before we get one more deep bearish dive till the 25,000 zone.
📈 Now BTC is sitting around that the upper orange trendline.
For the bulls to remain in control , and invalidate that bearish trend / channel, we need a momentum H4 candle close above the upper orange trendline.
Meanwhile , the bears can still kick in; and the confirmation would be by breaking below the previous highs (in red) downward again.
Which scenario do you think is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30xFTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Targets
( FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30x-40x Growth )
In this technical analysis of the FTM/USDT pair, we will explore the current price action and chart patterns of Fantom (FTM) in relation to the Tether (USDT) stablecoin. Please note that this analysis is based on historical price data and personal interpretation, and it is important to conduct your own research before making any investment decisions.
Cup & Handle Pattern:
On the higher time frame (HTF) chart, FTM is showing signs of a Cup & Handle pattern. The cup has already formed, and the handle is currently being shaped. This pattern suggests that FTM may experience a significant price increase after breaking above the neckline resistance.
Long-Term Targets:
Based on the chart analysis, there is a strong bullish sentiment surrounding FTM. It is anticipated that FTM could potentially reach $10 during the next bullish run, representing a substantial 30x-40x increase from its current price level.
Support and Resistance Levels:
Key levels to watch for support include $0.25 and $0.170. These levels may present attractive entry points if the price experiences a significant dip. On the other hand, resistance levels are situated at $0.46, $0.60, $1.18, and $3.31. Breaking above these resistance levels could indicate further bullish momentum.
Opportunities for Accumulation:
According to this analysis, every significant dip in the FTM price presents an opportunity for accumulation. If the price approaches the strong support level at $1.75, it could be an advantageous entry point for investors looking to accumulate FTM tokens.
Conclusion:
In summary, the technical analysis of the FTM/USDT pair suggests a bullish outlook for Fantom (FTM). The Cup & Handle pattern, combined with the projected long-term targets of $10, indicates potential substantial gains in the future. However, it is essential to remember that this analysis is subjective and not financial advice. Conduct your own research and exercise caution when making investment decisions.
Takeaways:
FTM/USDT is showing a Cup & Handle pattern on the higher time frame chart.
A breakout above the neckline resistance at $0.60 could trigger a significant bullish move.
Long-term targets indicate a potential rise to $10 during the next bull run.
Strong support is found at $1.75, presenting an attractive entry point.
Consider every significant dip as an opportunity to accumulate FTM tokens.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making investment decisions.
Follow us for more Chart Analysis.
Thank you.
The secrete trend line no one will show you and the buy signalsJust a quick look here.
Another trend line that the BTC price broke through with that big candle in March. BTC first broke through MA Pi bottom resistance kin January then held it as support. Look at when it happened... Literally right after it crossed!!! It is now playing with the top of WHITE trend line. I believe it will continue to do so for a period of time. This is a similar trend line BTC formed in 2015 of of it's lows back then.
Pi Cycle bottom being held as support. BUY
The MZ BTC Oscillator is dark green making confluence for the BUY.
Steve's NVT HV. This one is 100% accurate. When the RED AND WHITE LINE (volatility) goes below the YELLOW line and comes back up and is RED a move is to follow in the upward direction. If it's WHITE then it will correct. The color before entering is insignificant to the confirmation signal. NVT coming up RED Confirms the BUY!
There is a move brewing and it smells like a pump.
Kind Regards
WeAreSat0shi
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 26, 2023Technical Analysis and Outlook:
During this week's trading, the coin has successfully retested the Inner Coin Dip zone and is now expected to bounce back towards the newly established Mean Res $27,500 target. Furthermore, it is anticipated to continue its upward movement towards Mean Res $28,250 in the upcoming week, thereby reigniting the price action upward direction.
BTC - Detailed Video From Daily to M30 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for Bitcoin.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Rejection Zones 🔃Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been slight bullish for the last couple of weeks trading inside the red channel as a bullish correction.
📈 However , ETH is now approaching a strong resistance zone marked in purple, as it is the intersection of the upper red and orange trendlines.
For the bulls to remain in control, we need a break above the green zone and both trendlines.
📉 Meanwhile , ETH can still reject the purple zone and trade lower to test the lower red trendline again.
If the red channel is broken downward, then we will expect a deeper bearish movement till the 1700 support zone.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
If U.S. Treasuries Default: Market and Bitcoin Implications Authors: SanTi Li, & NaXi Da
U.S. Treasury yield, long considered as a risk-free rate (R0) for value computations and future valuations as per materials like the CFA curriculum, bears nearly zero risk in the financial landscape. However, what happens if this supposedly risk-free asset becomes risky? A U.S. Treasury default would have vast ramifications on the global economy and financial markets.
Let's analyze the potential impacts on liquidity, the U.S. dollar value, and Bitcoin's value:
Liquidity:
U.S. Treasuries, globally accepted as secure assets, constitute the cornerstone of the global financial system. A U.S. default could lead to a confidence crisis in U.S. Treasuries, prompting large-scale selling and potentially a liquidity crisis. This crunch could trigger a plunge in asset prices, escalate financial market volatility, and exacerbate the global financial crisis.
U.S. Dollar Value:
The U.S. dollar remains the world's primary reserve currency. A U.S. Treasury default could erode global confidence in the dollar, depreciating its value. Still, a market panic might trigger asset sell-off, driving the dollar demand up. Simultaneously, investors could seek refuge in other 'safe haven' assets such as gold or other strong currencies, mitigating dollar depreciation to some extent.
Bitcoin Value:
The secondary market value of Bitcoin is influenced by numerous factors, including market sentiment, consensus, BRC standard popularity, attitudes of governments, regulatory policies, technological developments, and application convenience and degree. If a U.S. default occurs, Bitcoin might respond in two disparate ways:
● Positive Impact: If investors look for non-traditional 'safe haven' assets like gold and silver, and the world requires a new, relaxed reservoir to absorb decompressed funds, Bitcoin's demand and value might increase in the medium to long term.
● Negative Impact: Bitcoin's high volatility and risk could drive investors away during market panic, decreasing its value. Therefore, Bitcoin's reaction would largely depend on market sentiment and investor risk appetite.
Implications on the Global Economy and Trade:
A U.S. Treasury default could precipitate a global recession, or even a deeper economic crisis. It could also impair the credit of the U.S. dollar, disrupting global trade. Exporters to the U.S. might face diminished orders, while importers of U.S. goods and services might encounter higher prices.
Potential Restructuring of the Global Financial System:
A U.S. default could lead to a reevaluation of the dollar-based global financial system, potentially allowing other currencies, especially the yuan, to play a more prominent role in the future global financial system. This could also fast-track the global acceptance of digital currencies and blockchain technology.
Risk Assets Value Volatility:
A U.S. bond default might result in significant volatility in the value of risk assets such as stocks, commodities, cryptocurrencies, and emerging market assets.
In theory, three scenarios could lead to a U.S. bond default - debt ceiling issues, government shutdown, and policy errors. However, extreme 'black swan' scenarios such as external shocks and political conflicts could also lead to default.
In conclusion, while a U.S. default is highly unlikely, if it occurs, it would have a profound impact on the global financial system. Despite initial potential negativity towards emerging digital industries like blockchain and cryptocurrencies, they may encounter new opportunities in the long run. This would especially be the case if the U.S. dollar's status as a settlement currency is challenged. This could increase demand for Bitcoin and accelerate the transformation of global trade methods.
However, it is critical to note that the thoughts expressed above are intended for long-term thinking, discussion, and learning, and should not be construed as investment advice.
However, the probability of an event with a similar magnitude happening is not necessarily low. The exact timing and suddenness of such events are difficult to predict, hence the importance of having risk control and defensive mechanisms in place to be prepared for any situation.
Twitter: @santili1021
BTC - The Range Is Getting Narrower 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC has been boring for the last couple of weeks as it is stuck inside a range.
📉 The range is getting narrower because BTC is forming lower highs and equal lows as a descending triangle pattern.
As per the textbook, the descending triangle is usually a bearish continuation pattern. But to me, it can be broken either side.
If we break the last major low in red downward, we will expecting further bearish movement till around 25,000
🏹 Here is why the 25,000 zone marked by purple circle is a strong support:
1- Round number => 25,000
2- Classic Resistance Zone Turned Support
3- Lower red trendline from daily acting as a non-horizontal support
4- Lower orange trendline from H4 acting as a non-horizontal support
5- Demand zone
📈 In parallel, if BTC breaks above the last high in blue, we will be expecting a bullish correction till the upper orange trendline.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DGB!! Preparing for it's big entry!As we can see here this is the Monthly chart of Digibyte and we can see a distinct pattern. The MACD makes a cross up and during this time price action make goes up very fast and vast. I have the crosses marked with a circle and the bear market trading range marked with a rectangle shape.
The real important information is not the move that historically has followed, it's the fact the that bottom was always behind this cross as well , so the risk is very low after this cross. We don't have this cross yet, but it looks to happen very soon. The buy is a confirmation of this cross on the monthly. We need to keep in mind that just because this cross will happen, doesn't mean prices will soar right away, it could, and most likely will take some time.
Confirming the parabolic move up is the CM_Ultimate_MA. Right now is red but when it turns green and price action is above it, confirms the bullish moves ahead for months to come.
Thank you
WeAreSat0shi
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook:
Throughout the week, the coin's prices remained relatively stable, fluctuating between the Completed Inner Coin Dip of $25,800 and the Mean Res of $27,650. However, the emergence of a new, less significant Mean Sup of $26,750 indicates the possibility of a drop in price to the Inner Coin Dip of $25,800 or even lower to the Outer Coin Dip of $23,950. Conversely, there is currently no indication of an increase in price action to and beyond the Mean Res of $27,650 and $28,250.